121
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Nov 14, 2012
11/12
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we haven't touched it since ronald reagan in 1986. bill clinton did raise it at one point but we haven't done anything to touch the rate and reform -- tecum from 16.5% to 15% which most of you are aware of because you do business there, and this capital investment is going to follow countries that have a more competitive environment in taxes is one of them's a we have to reform the tax code and when you do that you will get more revenue. it's guaranteed. again, as i was talking at earlier there are opportunities here for us as a country and if you look at the congressional budget analysts this and go to the tax committee analysis what tax reform could mean in the economic growth and all of them will lead to more growth with this corporate tax reform. estimate of the president says what he did last friday, this was fought over in the campaign and we fought over rising tax rates. jay carney said they would veto any bill that extends the current tax rate so if he insists that tax rates go out for those making over to under $50,000 will w
we haven't touched it since ronald reagan in 1986. bill clinton did raise it at one point but we haven't done anything to touch the rate and reform -- tecum from 16.5% to 15% which most of you are aware of because you do business there, and this capital investment is going to follow countries that have a more competitive environment in taxes is one of them's a we have to reform the tax code and when you do that you will get more revenue. it's guaranteed. again, as i was talking at earlier there...
85
85
Nov 13, 2012
11/12
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ronald reagan did it with a democratic-led house after a far more resounding second-term victory than president obama's, as did bill clinton, with a republican-controlled house and a republican-controlled senate after a more resounding second-term victory than president obama. both examples -- both of them -- illustrate the rare opportunity that divided government presents. president obama can follow suit or he can take the extremist view that both reagan and clinton rejected, by thumbing his nose at the other side and insisting that if republicans aren't willing to do things his way, he won't do anything at all. now, if the president's serious, he'll follow the leads of president reagan and clinton. if he's really serious, he'll put the campaign rhetoric aside, propose a realistic solution that can pass a republican-controlled house and a divided senate, and work to get it done. and if the president acts in this spirit, i have no doubt he'll have the support of his own party and a willing partner in ours. and the american people will breathe a sigh of relief knowing not only that we'
ronald reagan did it with a democratic-led house after a far more resounding second-term victory than president obama's, as did bill clinton, with a republican-controlled house and a republican-controlled senate after a more resounding second-term victory than president obama. both examples -- both of them -- illustrate the rare opportunity that divided government presents. president obama can follow suit or he can take the extremist view that both reagan and clinton rejected, by thumbing his...
87
87
Nov 16, 2012
11/12
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you go back before president ronald reagan came to washington we have higher tax rates on the incomes savings and economists have been arguing for ever that it is the wrong way to go that it discourages, sitting and discouraging investment and overtime they've come down to the state to go back in the direction of putting heavier burdens. >> what about the notion. that's just a heavy left isn't it? stat it's exactly the same rhetoric and the same politics base broadening, lowering tax reform coming you saw in the recent presidential campaign we have a candidate running on the 20% rate and 25% rate you might think in washington that means we are going to end at 26.5 until you try to figure out how to pay for it, and the politicians will talk about rolling back loopholes but when you actually look at them that tax policy decisions that have been made about the depreciation and manufacturing and the energy industry all of which have significant constituencies behind them and all of which are difficult to address. islamic of course we haven't had a whole lot of folks at least i've heard of
you go back before president ronald reagan came to washington we have higher tax rates on the incomes savings and economists have been arguing for ever that it is the wrong way to go that it discourages, sitting and discouraging investment and overtime they've come down to the state to go back in the direction of putting heavier burdens. >> what about the notion. that's just a heavy left isn't it? stat it's exactly the same rhetoric and the same politics base broadening, lowering tax...
76
76
Nov 14, 2012
11/12
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we haven't touched it since ronald reagan really. in 1986. bill clinton did raise the rate one point but we haven't done anything to touch our rate and reform our code. every other country, all of them have. taxes gone from 16% to 15%. you do business there. this flow of capital will follow countries that have more competitive environment and taxes are one of them. yes, we have to reform the tax code. when you do that, i will get more revenue. it is guaranteed. again, sort of as i was talking about earlier. this is opportunities here. this is opportunity for us as a country. if you look at the congressional budget analysis and joint tax committee analysis, what tax reform could mean in terms of macroeconomic impact and growth, all will lead to more growth, whether corporate tax reform or individual tax reform. >> right but if the president insists as he did last friday, this was fought over in the campaign and, fought over tax rates, rising tax rates, he didn't ice the words rates himself but jay carney, the white house press secretary said t
we haven't touched it since ronald reagan really. in 1986. bill clinton did raise the rate one point but we haven't done anything to touch our rate and reform our code. every other country, all of them have. taxes gone from 16% to 15%. you do business there. this flow of capital will follow countries that have more competitive environment and taxes are one of them. yes, we have to reform the tax code. when you do that, i will get more revenue. it is guaranteed. again, sort of as i was talking...
64
64
Nov 15, 2012
11/12
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in 1986 it produced landmark tax reform, when democrats and republicans -- ronald reagan as president -- worked together to make our tax code more logical, more equitable, and more efficient. ten years later, divided government produced a sweeping overhaul of our welfare system, under then-president bill clinton. conservative republicans joined with a democratic president to help millions of lower-income people break free of the cycle of dependency and despair. of course, we know we've had divided government. as i said earlier, we really had a status quo election in that sense. we've had divided government since january 2011 when republicans regained the majority in the house of representatives. the result over the last two years, sadly, it has produced legislative stalemates and bitter recriminations. why should anybody expect that things will be different going forward? i think, mr. president, what's different now from then is that republicans and democrats alike recognize we are at a crossroads, that our current fiscal path is unsustainable, and that we're either going to send the
in 1986 it produced landmark tax reform, when democrats and republicans -- ronald reagan as president -- worked together to make our tax code more logical, more equitable, and more efficient. ten years later, divided government produced a sweeping overhaul of our welfare system, under then-president bill clinton. conservative republicans joined with a democratic president to help millions of lower-income people break free of the cycle of dependency and despair. of course, we know we've had...